Internet companies always struggle to monetise; it is interesting how a market of patents is emerging and how some traditional companies (like AOL) can profit from it.
Microsoft buys and licenses AOL patents in $1bn deal
Microsoft is buying the majority of AOL's patents in a deal worth $1.06bn (£668m).
A statement said the agreement covers the intellectual property rights to more than 800 innovations.
Microsoft will also be granted licensing rights to about 300 patents that AOL is keeping.
Read the whole article at: http://www.bbc.co.uk/news/technology-17657205
